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Sarath-Burri
Level 1
posted
‎September 26, 2019 04:08 PM
last updated ‎October 05, 2020 8:08 PM

How to generate a profit and loss report with closing stock?

Why closing stock is not reflected in profit and loss report. Else please guide me on this. 

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Best answer September 26, 2019
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Rustler
Level 15
‎September 26, 2019 04:08 PM

How to generate a profit and loss report with closing stock?

QB is perpetual inventory, there is no closing stock per se

you can get the total ending value for the year from the balance sheet dated for the last day of the year

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1 Comment 1
Rustler
Level 15
‎September 26, 2019 04:08 PM

How to generate a profit and loss report with closing stock?

QB is perpetual inventory, there is no closing stock per se

you can get the total ending value for the year from the balance sheet dated for the last day of the year

Reply